SEC’s “scorched-earth” lawsuit against Coinbase to be dropped, company says
According to Coinbase chief legal officer Paul Grewal, the US Securities and Exchange Commission (SEC) plans to drop its lawsuit against the largest US cryptocurrency exchange, as the agency shifts to embrace Donald Trump's new approach to regulating cryptocurrency in the US.
Coinbase reveals SEC’s plans to drop lawsuit against exchange – Explained
The United States’ SEC has agreed to dismiss Coinbase’s lawsuit pending approval by the agency. According to analysts, this would mark a regulatory shift from the spree of infamous enforcement actions seen under the previous regime. For his part, Coinbase CEO Brian Armstrong projected that the Commission would approve the dismissal by next week.
SEC vs Ripple case faces complex resolution path despite Coinbase dismissal, as Trump administration signals support for ...
"This is a victory not just for Coinbase, but for our customers, the United States, and individual freedom." The SEC declined to comment. Coinbase shares are up 4% in premarket trading Friday.
Previously, and during the campaign run, President Donald Trump promised numerous times to make the United States the ‘crypto capital of the world.’ “Coinbase went public in April 2021.
(MENAFN- crypto Breaking) Coinbase has announced the launch of regulated SOL futures trading in the United States, under the watchful eye of the Commodity Futures Trading Commission (CFTC).
Coinbase has launched CFTC-regulated futures contracts for Solana and Hedera while the SEC reviews spot crypto ETF ...
Cryptocurrency exchange Coinbase laid out its policy vision on Wednesday, urging Congress to pass legislation that gives ...
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